AOFM sells Nov 2028 bond at 0.7959%
By Sophia Rodrigues
Published On 01 Jul 2020 , 11:09 AMThe AOFM sold A$2.0 billion of 2.75% November 2028 government bond at a weighted average yield of 0.7959%. The coverage ratio was 3.57 vs record high of 5.4266 at a tender in February 2018. The lowest yield today was 0.7925% and the highest was 0.7975%.
There were 41 bids in total, and only 8 were successful, with 4 getting 100% allotment.
With this issue, this bond line has now increased A$27.6 billion. The last time this bond was issued was in November 2018 for A$600 million when the weighted average issue yield was 2.6418%.
The bond was first issued in February 2017 via syndication for A$11.0 billion at a weighted average yield of 3.0050%.
LATEST SNIPPETS
RBA A$2B bond-buying today concentrated in 2024-25
The RBA bought the entire A$2 billion it has notified for purchasing Australian government bonds today.
Bel...
Published on : 02 Apr 2020 , 06:13 PMRBA's Sells US$600m at USD repo auction
The Reserve Bank of Australia’s second repo auction to provide US dollars generated some demand this week...
Published on : 02 Apr 2020 , 04:02 PMRBA buys entire A$3B; Nov 2028 cut-off Yld drops 8.75bps vs Mon
The RBA bought entire A$3 billion of government bonds it offered to purchases earlier today. The cut-off yield o...
Published on : 01 Apr 2020 , 05:14 PMRBA buying Australian govt bonds; April 2026-Nov 2029
The RBA is buying Australian government bonds today under the yield target policy, targeting its buying once again in...
Published on : 01 Apr 2020 , 11:51 AMResults of RBA's purchase of semis; yields dn vs last week
The Reserve bank today purchased the following semi-government bonds for a total of A$3 billion. Many of these bonds...
Published on : 31 Mar 2020 , 04:31 PMRBA back to buying semi-government bonds
The RBA is continuing with its bond-buying program Tuesday, and this time it is back to buying semi-government bonds....
Published on : 31 Mar 2020 , 12:02 AMRBA buys entire A$3B bonds; focuses on 2027
Results of the RBA's government bond-buying auction Monday:
The RBA bought the entire A...
Published on : 30 Mar 2020 , 12:00 AMRBA buying A$3B bonds, April 2026-April 2029 maturity
The RBA is continuing with its bond-buying spree under the yield target policy but after two days of focusing on the...
Published on : 30 Mar 2020 , 11:57 AMRBA to publish minutes on April 1 of special March board meeting
RBA will publish on April 1 the minutes of the special monetary policy announcement made on March 19. The meeting too...
Published on : 23 Mar 2020 , 06:15 PMRBA Parliamentary Hearing Bit Unusual But Not Extraordinary
RBA deputy governor Guy Debelle will be appearing before the Economics Legislation Committee in Canberra late evening...
Published on : 04 Mar 2020 , 03:26 PM